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Schedule of reception of citizens by the Executive Board of the National Bank of Moldova.
The registration of applicants for an audience is carried out based on a written request on the subject addressed.
Anca Dragu, Governor
1st Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Vladimir Munteanu, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
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In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.
National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.
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National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.
National Bank of Moldova supervises the payment system of the Republic of Moldova and promotes a stable and efficient functioning of the automated inter-bank payment system
National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament.
National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.
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The Executive Board of the National Bank of Moldova (NBM) decided unanimously to decrease the base rate applied to the main short-term monetary policy operations by 1,0 percentage points, as from 5,5 percent to 4,5 percent annually. At the same time, the interest rates on overnight loans and deposits decreased by 1,0 percentage points up to 7,5 percent and, respectively, 1,5 percent annually.
The decision was taken in the context of confirmation of the disinflationary trend forecasted by the NBM in the Inflation Report no.1, 2020.
This decision was based on the assessment of the recent developments and macroeconomic information on external and internal environment, considering the risks and uncertainties at global level determined by the repercussions of coronavirus in the global and regional economy. At this stage, the coronavirus spread causes additional sources of disinflationary pressures on the consumer prices level.
At the same time, the uncertainty associated with coronavirus from the investment activity at global and regional level and a possible distortion of distribution channels could also affect the investment evolutions in the Republic of Moldova.
Thus, the NBM decision of monetary policy easing is oriented towards supporting the aggregate demand that, within the transmission mechanism limits, will be propagated through more channels, including the lending one.
In the following immediate period, the National Bank will monitor cautiously the external and internal risks associated with the national and global economy. If necessary, the NBM will examine the opportunity to convene an extraordinary meeting on monetary policy, measure already applied by other central banks.
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